Gold prices in the Philippines showed little change on Wednesday, as reported by FXStreet.
The price for gold per gram was recorded at 5,587.39 Philippine Pesos (PHP), slightly up from PHP 5,582.14 on Tuesday. The cost for a tola of gold remained steady at PHP 65,170.17, compared to PHP 65,109.02 the previous day.
Here is a breakdown of current gold prices in the Philippines:
| Unit measure | Gold Price in PHP |
|---|---|
| 1 Gram | 5,587.39 |
| 10 Grams | 55,871.93 |
| Tola | 65,170.17 |
| Troy Ounce | 173,787.20 |
Conclusion
Gold prices in the Philippines remained stable on Wednesday, reflecting minor fluctuations in the market. With prices for gold per gram and tola showing little change, the market appears to be holding steady. As FXStreet adapts international gold prices to local currency and units, the steady pricing indicates a relatively stable market environment, though local variations may still occur. Investors and consumers should continue monitoring these trends, as gold prices remain influenced by global economic factors and exchange rate shifts.
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